UDR Plans for Higher Cap Rates by Buying Apartments Still in Development

By Jon Peterson Denver-based UDR will be able to achieve cap rates that are 50 to 125 basis points higher by buying apartments in Seattle...

CalSTRS’ New Single-family Commitments to Target Seattle

By Jon Peterson California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities. These two...

Seattle’s Waterfront Maritime Building Sold for $13MM

Beacon Capital Partners, a Boston-based real estate investment company, is the reported buyer of the 911 Western Avenue building in Seattle for $13.1 million. The...

PCCP Pays $39MM for Office Building in Bellevue

By Jon Peterson Los Angeles-based PCCP and San Francisco-based Align Real Estate have come together to pay $39 million or $356 per square foot to...

SARES REGIS Includes Seattle as Targeted Market for New Apartment Fund

By Jon Peterson Irvine, Calif.-based SARES REGIS Group will have Seattle as one of its targeted markets for its new apartment investment fund, SARES REGIS...

Walton Street Buys Seattle Redevelopment Site for Opportunity Fund

By Jon Peterson Chicago-based Walton Street Capital has paid $10.5 million or $70 per square foot to acquire a 150,000 square foot office/retail redevelopment site...

ASB Buys First Two Apartments in Seattle for $90MM

By Jon Peterson Bethesda, Md.-based ASB Real Estate Investments has acquired its initial two apartment properties in the Seattle market with the $90 million all-cash...

CBRE Investors Pays $272MM to buy Seattle Office Assets

By Jon Peterson Los Angeles-based CBRE Global Investors has paid $272 million or $385 per square foot to acquire the 708,283 square foot Metropolitan Park...
JLL, HFF, Capital Markets, Chicago, Jones Lang LaSalle Incorporated

New Apartment Venture Looks to Buy in Seattle

By Jon Peterson Chicago-based Waterton Associates has formed a new $800 million apartment investment venture that will include making acquisitions in Seattle and San Francisco. “I...

Gerrity Group Seeds New Retail Investment Fund with Two Assets in Seattle

By Jon Peterson Solana Beach, Calif.-based The Gerrity Group has seeded its new value-add retail investment fund, Gerrity Retail Fund 2, with two properties in...

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BioMed Realty Mike Ruhl Seattle Dexter Yard Turner Construction SkB Architects OAC Services MacDonald-Miller Cochran Fitwell Certification LEED

BioMed’s Dexter Yard Highlights Industry Leading Sustainability and Wellness Features

By Mike Ruhl, Vice President at BioMed Realty In March 2020, remote work took center stage due to the pandemic, and hundreds of thousands of...

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